Truist Securities Maintains Hold on Advance Auto Parts, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Advance Auto Parts (NYSE:AAP) but lowered the price target from $70 to $63, as per analyst Scott Ciccarelli.
May 30, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Advance Auto Parts (NYSE:AAP) but lowered the price target from $70 to $63, indicating a cautious outlook.
The lowered price target from $70 to $63 suggests a less optimistic view on the stock's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100